Margo borrows 700 agreeing to pay it back with 6 annual interest after 16 months...

50.1K

Verified Solution

Question

Basic Math

image

Margo borrows 700 agreeing to pay it back with 6 annual interest after 16 months How much interest will she pay Round your answer to the nearest cent if necessary

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students